Port Richmond East median real estate price is $568,496, which is more expensive than 42.4% of the neighborhoods in New York and 71.0% of the neighborhoods in the U.S.
The average rental price in Port Richmond East is currently $3,426, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.1% of New York neighborhoods.
Port Richmond East is a densely urban neighborhood (based on population density) located in Staten Island, New York. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Port Richmond East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Port Richmond East neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Port Richmond East. The current real estate vacancy rate here is 22.3%. This is higher than the rate of vacancies in 89.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Port Richmond East neighborhood is one of the most walkable neighborhoods in America. Do you like a coastal setting? If so, this neighborhood may be to your liking. The Port Richmond East neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Port Richmond East is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Port Richmond East neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 32.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.4% of America's neighborhoods.
Modes of Transportation
In the Port Richmond East neighborhood, 6.2% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.9% of the neighborhoods in America.
Also, our research shows that more people carpool to work here in the Port Richmond East (24.5%) than in 96.8% of the neighborhoods in America.
Finally, more people ride the bus in this neighborhood each day to get to work than 95.8% of U.S. neighborhoods.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Port Richmond East neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Port Richmond East neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.0% of all neighborhoods in America.
People
One of the unique characteristics of the Port Richmond East neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.8% of the neighborhoods in America. The Port Richmond East neighborhood also has a greater percentage of children living in poverty (68.6%) than found in 98.3% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
In addition, astoundingly, the Port Richmond East neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.9% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Staten Island neighborhood.
Also, neighborhoodScout's analysis shows that the Port Richmond East neighborhood has a greater concentration of residents currently enrolled in college than 96.4% of the neighborhoods in the U.S. With 13.2% of the population here attending college, this is very much a college-focused neighborhood.
Diversity
Did you know that the Port Richmond East neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.4% of this neighborhood's residents have Dominican ancestry and 4.7% have Jamaican ancestry.
Migration / Stability
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Port Richmond East neighborhood. More residents of the Port Richmond East neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Port Richmond East neighborhood has a greater percentage of residents born in another country (43.8%) than are found in 95.7% of all U.S. neighborhoods.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Port Richmond East neighborhood in Staten Island are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.8% of U.S. neighborhoods. With 68.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.3% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Port Richmond East neighborhood, 33.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 29.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.6%), and 15.5% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Port Richmond East neighborhood is Spanish, spoken by 53.0% of households. Some people also speak English (35.5%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Port Richmond East neighborhood in Staten Island, NY, residents most commonly identify their ethnicity or ancestry as Mexican (37.3%). There are also a number of people of Dominican ancestry (17.4%), and residents who report Sub-Saharan African roots (4.8%), and some of the residents are also of Jamaican ancestry (4.7%), along with some Puerto Rican ancestry residents (4.5%), among others. In addition, 43.8% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Port Richmond East neighborhood spend between 45 minutes and one hour commuting one-way to work (42.7% of working residents), longer and tougher than most commutes in America.
Here most residents (40.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.5%) and 11.8% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
